Evening Republican, Volume 20, Number 80, Rensselaer, Jasper County, 3 April 1916 — BANKER HINSHAW – DECLARED GUILTY [ARTICLE]

BANKER HINSHAW - DECLARED GUILTY

j Noblesville Financier Faces Prison Term—Convicted Man Receives 41 Jurors’ Decision Calmly. Noblesville, Ind., March 31.—r After • "being otiTTn hou'FTHe jury returned . a verdict. of—guilty tonight—hi—thecase against E. M. Hinshaw, charged with conspiracy in connection with the failure of the Farmers’ and .Merchants’ bank of Cicero. Only two ballots were The first one stood 10 to 2 in favor of conviction. The statute fixes the penalty at from two to fourteen years in prison, and a fine of from $25 to $5,000, the amount of the fine being discretionary with the court. Hinshaw was released on fiis bond unti 1 a motion for a re-"" hearing can be filed and passed upon, the action being the same as that taken recently in the case of George Bowen, of Noblesville, who was sentenced to prison for embezzlement in connection with the failure of the Hamilton Trust company.